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Cryptocurrency News Articles

Here's Why Shiba Inu Is Not a Memecoin, but a Technology Powerhouse—$SHIB Lead

Feb 07, 2025 at 12:06 pm

Shiba Inu lead developer Shytoshi Kusama has more reasons to argue that the SHIB project has evolved beyond its meme origins.

Here's Why Shiba Inu Is Not a Memecoin, but a Technology Powerhouse—$SHIB Lead

Shiba Inu (CRYPTO: SHIB) lead developer Shytoshi Kusama has more reasons to argue that the SHIB project has evolved beyond its meme origins.

In a tweet on Tuesday, Kusama reminded the crypto community that Shiba Inu has grown into a utility-driven project to such an extent that it no longer fits the categorization of meme coins.

With the most recent partnership announcement, Kusama emphasized that it is proof that SHIB is not a meme but a serious project in the crypto space.

“We are actually a technology powerhouse,” he said.

Proof Shiba Inu Is Not A Meme, Per Kusama

This bold perspective comes as Shiba Inu announced a fresh collaboration with the government of the United Arab Emirates.

In particular, the UAE Ministry of Energy and Infrastructure has formed an alliance with SHIB to push Web3 solutions in infrastructure, energy, and other sectors.

According to the official statement, this partnership utilizes Shiba Inu’s extensive Web3 technologies to improve public service efficiency, promote citizen-centered governance models, and enhance green infrastructure.

The statement also highlighted that Shiba Inu’s Operational System will streamline development across the Ministry of Energy and Infrastructure’s operations.

UAE Undersecretary Praises SHIB Collaboration

UAE Undersecretary for Energy and Petroleum Affairs, Sharif Al Olama, expressed his excitement about collaborating with Shiba Inu. He noted that the move helps deepen the country’s commitment to innovative digital services.

In parallel, he emphasized that the partnership marks a major milestone in the UAE’s efforts to redefine government services.

“By adopting emerging tech, we seek to set a global benchmark for innovation. Together, we are shaping a future built on connectivity, sustainability, and digital excellence,” Al Olama said.

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Other articles published on Feb 07, 2025